Strong fundamentals, predictable approach benefit Bonos

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Strong fundamentals, predictable approach benefit Bonos

Spanish Flag in Plaza Colon, Madrid, Spain. Image shot 2007. Exact date unknown.

Spain is 88% funded for 2024 with regular auctions left; expects next year’s programme to be similar

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